Malaysia legislation
Section 147
Section 147
Insider dealing
Subject to the defences available under this Division, any individual who has information as an insider and—
(a)
he deals in securities that are price-affected securities in relation to the information;
(b)
he encourages another person to deal in securities that, whether or not that other person knows it, are price-affected securities in relation to the information; or
(c)
he discloses the information otherwise than in the proper performance of the functions of his employment, office or profession, to another person, commits an offence and shall, on conviction, be liable to a fine not exceeding five million ringgit.
Defences